Paying More Than the Outstanding Balance Sample Clauses

Paying More Than the Outstanding Balance. If the Business ever pays more than the outstanding Balance, the Business will have a “positive credit balance” on the Visa Account. This positive credit balance is not a deposit with VCIB and is not insured. We will not pay any interest on the positive credit balance. If the positive credit balance is more than $10, the Business can ask us to return any over-payment made on the Visa Account or in some cases the overpayment may be returned to the Business automatically. A $10 fee will apply, as explained in Section 7(B) of this Agreement – “Fees Other than Interest”. If the positive credit balance is not returned to the Business, the next time a Transaction is completed by any Authorized User on the Visa Account, or the next time we charge any interest or other fees, we will put the positive credit balance towards paying for those Transactions, interest or fees. We will distribute the positive credit balance the same way as we distribute any payments we receive from the Business. We explain how we do this in Section (D) below – “How We Apply Payments”. If the Business has a positive credit balance on the Visa Account but owes us money on any other accounts including other Visa Account(s), we may use this credit balance to pay down amounts that the Business owes to us.
Sample 1
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Paying More Than the Outstanding Balance. If the Business ever pays more than the outstanding Balance, the Business will have a “positive credit balance” on the Visa Account. This positive credit balance is not a deposit with Vancity and is not insured. We will not pay any interest on the positive credit balance. If the positive credit balance is more than $10, the Business can ask us to return any over-payment made on the Visa Account or in some cases the overpayment may be returned to the Business automatically. A $10 fee will apply for the return of a positive credit balance, as explained in Section 7(B) of this Agreement – “Fees Other than Interest”.the Disclosure Statement. If the positive credit balance is not returned to the Business, the next time a Transaction is completed by any Authorized User on the Visa Account, or the next time we charge any interest or other fees, we will put the positive credit balance towards paying for those Transactions, interest or fees. We will distribute the positive credit balance the same way as we distribute any payments we receive from the Business. We explain how we do this in Section (D) below – “How We Apply Payments”. If the Business has a positive credit balance on the Visa Account but owes us money on any other accounts including other Visa Account(s), we may use this credit balance to pay down amounts that the Business owes to us. If the Business has a positive credit balance on the Visa Account and there have been no Transactions on the Visa Account for 12 consecutive months, we will charge an annual account maintenance fee, as explained in the Disclosure Statement.
Sample 1

Related to Paying More Than the Outstanding Balance

  • Outstanding Amount The Issuing and Paying Agent shall, upon request from the Issuer, the Trustee, the Guarantor or any Dealer, inform such person of the aggregate nominal amount of Notes, or Notes of any particular Series, then outstanding at the time of such request. In the case of Notes represented by an NGN, the nominal amount of Notes represented by such NGN shall be the aggregate amount from time to time entered in the records of both Euroclear and Clearstream, Luxembourg. The records of Euroclear and Clearstream, Luxembourg shall be conclusive evidence of the nominal amount of Notes represented by the relevant NGN and for such purposes, a statement issued by Euroclear or Clearstream, Luxembourg stating the nominal amount of Notes represented by the relevant NGN at any time shall be conclusive evidence of the records of the relevant clearing systems at that time. Payments made by the Issuer in respect of Notes represented by an NGN shall discharge the Issuer’s obligations in respect thereof. Any failure to make the entries in the records of the relevant clearing systems shall not affect such discharge.

  • Payment in Advance (a) You may request to pay your Membership Fees in advance. We, at our sole discretion, reserve the right to accept or deny your request.

  • Loan Amount 5. ACCOUNT NAME(S) .............................................................................................................................................................................. BANK NAME / BRANCH ...................................................................................................................................................................

  • Remaining Balance Each Receivable has a remaining balance of at least $2,000.99 and not greater than $82,450.59.

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.2 and 4.1.3 to the Trustees of the ETFO ELHT by the last day of each month from and after the Board’s Participation Date.

  • Change in pension value This is the change in present value of defined benefit and actuarial pension plans.

  • Total Contract Amount The contract total for services shall not exceed $1,200,000. Pricing shall be per Exhibit F attached.

  • Thirty Day Payments Upon receipt of a billing statement that complies with all invoice requirements set forth in this Article, the State shall make a good faith effort to pay the amount which is due and payable within thirty (30) days.

  • Funding Amount “Funding Amount” means an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) of tax increment finance revenues to be used for paying the costs associated with the construction, equipping, inspection, and delivery of the Local Public Improvements.

  • Funding Your Payment Selecting a preferred funding source You may select a preferred funding source when logged into your account. Subject to this user agreement, the preferred funding source will be used as the default funding source for payments you send from your account. You can set separate preferred funding sources for some billing agreement payments. Special Funding Arrangements Some payments can be funded by special funding arrangements linked to your PayPal account, such as merchant/transaction specific balance, gift vouchers or other promotional funding arrangements. The use and priority of these special funding arrangements are subject to further terms and conditions between you and us. Your account overview may show the notional amount available in your special funding arrangements to fund qualifying payments at any given time. This amount does not constitute electronic money, is not deemed part of your PayPal balance and is not redeemable in cash - it only represents the amount of electronic money which we offer to issue and credit to your account at the time of (and only to immediately fund) a qualifying payment, subject to (and only for the period outlined in) the further terms and conditions of use of that special funding arrangement. If your payment funded by a special funding arrangement is reversed at a later time for any reason, we will keep the amount that represents the portion of that payment that was funded by your special funding arrangement and (provided that the special funding arrangement has not already expired) reinstate the special funding arrangement. Funding payments you send from your account We will obtain electronic money for the payment you send from your account from the following sources in the following order to the extent they are available:

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